Tesla is well known for hugely overpriced products
do you really think his solar roof would offer any competetive kw/h to $ ratio?
besides solar energy in general doesn't seem like the most utilised in the recent Chinese farm projects,they are using hydro or regular grid electricity
Topic: Tesla's building a solar roof , It can be a good days for bitcoin miners? - page 3. (Read 2355 times)
November 06, 2016, 08:35:54 AM
November 06, 2016, 06:07:34 AM
The idea itself is really interesting and helpful since this is one step further towards a greener environment--we will be depending on lesser fossil fuels which emits harmful substances in the air when burned, and that's what exactly we need in order to generate electricity. Harnessing solar power and using it to run miners is a very clever way of mining and helping the network however, the cost of those solar panels and setting it up might be a "problem" to farm owners since it's a bit of a complicated setup compared to the conventional electricity we use. If miners are to rent these solar panels and use it to generate electricity for their gears, it might be an additional cost--or a cheaper alternative, whichever the result is. As for long-term effects for the environment, I'd say go green and as much as possible, avoid using electricity that came from fossil fuels.
November 06, 2016, 06:02:03 AM
The link description says it already: Stunning new solar roof tiles. The bold word is what matters: the looks.
The reason solar panels are usually panels, is because the cells have to be connected together. That's much easier to do in a factory (by robots), instead of installing and connecting loose tiles on location.
That makes me think Tesla is mainly using it's name/hype to sell this. There are many "environmentally friendly" products already that are solely sold based on image/ideals, and not on technical facts. If you want to use PV for any money making purpose, start by looking at the price per kWh. Tesla doesn't even provide prices yet.
The reason solar panels are usually panels, is because the cells have to be connected together. That's much easier to do in a factory (by robots), instead of installing and connecting loose tiles on location.
That makes me think Tesla is mainly using it's name/hype to sell this. There are many "environmentally friendly" products already that are solely sold based on image/ideals, and not on technical facts. If you want to use PV for any money making purpose, start by looking at the price per kWh. Tesla doesn't even provide prices yet.
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especially if you do live into a place or certain country in which the temperature is quite higher.
I don't think there is a relation between outside temperature and cost of electricity. There is a relation between temperature and solar cell efficiency though: the warmer the cells, the lower the efficiency.
November 06, 2016, 05:50:11 AM
in short
bitmain are making a new mining facility.. and guess what.. not a single solar panel will be there
so if bitmain cant see solar panels as a cost saving.. forget it
bitmain are making a new mining facility.. and guess what.. not a single solar panel will be there
so if bitmain cant see solar panels as a cost saving.. forget it
That s because electricity s either heavily subsidized or even completely free of charge in China. Why would they invest lots and lots of money into solar panel when they can the same result using traditional and significantly cheaper options.
http://www.powermag.com/energy-industry-xinjiang-china-potential-problems-solutions-web/
November 06, 2016, 05:30:12 AM
Solar roofs will definitely help to alleviate some of the energy woes, however I'm more interested in the expenses it will incur and how useful ti will be for those who don't live close to the equator. I'd expect that other energy forms ill be still required for northern countries.
Indeed, not only alleviate but environmentally friendly too. As a clean energy source like wind,biomass,wave etc solar so is more efficient in my opinion. Also does not require many moving parts,just a panel and wire plus controller, and it is ready to use.
November 06, 2016, 04:44:47 AM
in short
bitmain are making a new mining facility.. and guess what.. not a single solar panel will be there
so if bitmain cant see solar panels as a cost saving.. forget it
bitmain are making a new mining facility.. and guess what.. not a single solar panel will be there
so if bitmain cant see solar panels as a cost saving.. forget it
That s because electricity s either heavily subsidized or even completely free of charge in China. Why would they invest lots and lots of money into solar panel when they can the same result using traditional and significantly cheaper options.
November 05, 2016, 08:07:11 PM
in short
bitmain are making a new mining facility.. and guess what.. not a single solar panel will be there
so if bitmain cant see solar panels as a cost saving.. forget it
bitmain are making a new mining facility.. and guess what.. not a single solar panel will be there
so if bitmain cant see solar panels as a cost saving.. forget it
November 05, 2016, 08:06:47 PM
Solar roofs will definitely help to alleviate some of the energy woes, however I'm more interested in the expenses it will incur and how useful ti will be for those who don't live close to the equator. I'd expect that other energy forms ill be still required for northern countries.
November 05, 2016, 08:02:33 PM
electricity has never been the biggest problem.
tiles are also not free.
so although you are not paying a monthly electric bill you are either repaying a loan to have the panels or paying a larger amount upfront to then get the savings (returns) later.
the main costs are the asics themselves
afterall.. due to hashrate rises every day, and difficulty rises every fortnight. its deemed best to try and get ROI within 6 months.
so even at zero.. you are still having to think about the.. THOUSANDS of $ to buy the tiles.
as for normal access to electric
one asic
at 20cents/kwh for 6 months electric = $900
at 10cents/kwh for 6 months electric =$450
at 5cents/kwh for 6 months electric = $225
and the $1600 to buy an asic
so paying thousands on solar power vs $225-$900 using normal electric providers is not a saving.
solar panels are only cheaper based on their 10 year lifespan, not on making bitcoin profits in 6months
Even for covering the total electricity of the mining rig like an ASIC s9 for days will just like impossible things,tiles are also not free.
so although you are not paying a monthly electric bill you are either repaying a loan to have the panels or paying a larger amount upfront to then get the savings (returns) later.
the main costs are the asics themselves
afterall.. due to hashrate rises every day, and difficulty rises every fortnight. its deemed best to try and get ROI within 6 months.
so even at zero.. you are still having to think about the.. THOUSANDS of $ to buy the tiles.
as for normal access to electric
one asic
at 20cents/kwh for 6 months electric = $900
at 10cents/kwh for 6 months electric =$450
at 5cents/kwh for 6 months electric = $225
and the $1600 to buy an asic
so paying thousands on solar power vs $225-$900 using normal electric providers is not a saving.
solar panels are only cheaper based on their 10 year lifespan, not on making bitcoin profits in 6months
Quote
At the time of this writing, the installed cost of solar panels was between $7-$9 per watt: A 5 kW system would cost around $25,000-$35,000. Many utility companies offer incentives, and some subsidize as much as 50% of system costs. Even at half the cost, though, a system that generates an average $75 of electricity per month could take a long time to pay for itself.
https://www.solarpowerauthority.com/how-much-does-it-cost-to-install-solar-on-an-average-us-house/This calculation just depending with the power consumption in the USA if applied in the other area will be much expensive than this one. Just agree with franky.
November 05, 2016, 04:32:50 PM
Who cares? You can just add solar panels to your roof already. I'm sure this is better in some way but in the end wouldn't taking an already existing product and putting it on your roof be so much cheaper than this?
I literally see 0 bitcoin miners buying a solar roof.
I literally see 0 bitcoin miners buying a solar roof.
November 05, 2016, 04:22:25 PM
Its great since the cost of electricity here in my country is very expensive. But i think it takes a lot of time to take back the money for buying this stuff because i dont think the profit will give you enough profit on mining. But its a lot cheaper than spend money for monthly electricity cost.
November 05, 2016, 04:07:40 PM
Any violent reaction for this one? Honestly, this is very interesting especially if you do live into a place or certain country in which the temperature is quite higher. Usually, countries that are hotter electricity cost is also much higher.
see reference link below:
https://techcrunch.com/2016/10/28/these-are-teslas-stunning-new-solar-roof-tiles-for-homes/
see reference link below:
https://techcrunch.com/2016/10/28/these-are-teslas-stunning-new-solar-roof-tiles-for-homes/
This innovation will not benefit bitcoin mining; not even in very hot countries with expensive electricy (though I don't believe there is that correlation). When you buy bleeding edge tech for electricity generation, you are bypassing economies of scale. The result is very expensive electricity. It's great for wealthy people who want to call themselves "green" while still purusing wretched excesses.
Maybe with hefty government subsidies... but I have serious doubts.
Currently price is very high to setup this solar roof and start using it so it will cost miners more than setting up normal solar panel. However as tesla have already shown this can be built, there will be more market competition so that price may get lower in future and even bitcoin miner will start running mining rigs over solar roof full power that may make mining more profitable than right now using high cost electricity.
Anyways I did not say also that the miners could benefit by now. I know for some time if the supply grows up the price goes down. On the other hand, I think big whales can still try to risk see if the get the desired result.
Yes there is one miner here using a solar installation to run his miners. I can only assume that if it were cost effective to do this, there would be more than one person here at bitcointalk.org doing the same thing. The absence of those installations speaks volumes.
November 05, 2016, 01:49:42 PM
Just watched a documentary on why solar is going nowhere and it was due to the utility companies grabbing all the lobbyists and pushing costs up on solar power.
Also getting rebates cancelled in effect making it very hard to do business in solar in the States,so cheaper will not really be the answer. It has more to breaking these companies that act like the mob with their protectionist attacks.
Not a enviromentalist but these lobbyists are a dark aspect of the American government and need to be sorted.
Also getting rebates cancelled in effect making it very hard to do business in solar in the States,so cheaper will not really be the answer. It has more to breaking these companies that act like the mob with their protectionist attacks.
Not a enviromentalist but these lobbyists are a dark aspect of the American government and need to be sorted.
November 05, 2016, 01:04:52 PM
Currently price is very high to setup this solar roof and start using it so it will cost miners more than setting up normal solar panel. However as tesla have already shown this can be built, there will be more market competition so that price may get lower in future and even bitcoin miner will start running mining rigs over solar roof full power that may make mining more profitable than right now using high cost electricity.
The idea is very cool. I wonder why nobody haven't thought about this before? Or did they? Elon said it will have the same cost (or cheaper) as the regular roofs but i guess that won't become real at least not for a while. I didn't expect them to be cheap anyway.
Elon should find a replacement for Li-ion batteries now. Lithium batteries die so quickly.
November 05, 2016, 12:59:15 PM
More miners, more competition so it can be good for bitcoin miners. I don't checked the prices however I think it will be expensive and miners will have ROI not so fast, not a big deal here.
November 05, 2016, 12:48:16 PM
I already saw this mentioned here. It is great, it looks like actual roof texture from the street, the problem is, from the bottom in airplane view, it looks like regular solar panels. Government can spot you are trying to get energy for free... bastards. I hope we can have an updated version that fixes this eventually.
November 05, 2016, 11:38:31 AM
solar panels are only cheaper based on their 10 year lifespan, not on making bitcoin profits in 6months
This is a very important point.
If you look at the cost of a solar panel setup, usually you are looking at a 10 year or 20 year timeline to get ROI.
If you are talking about Bitcoin mining you already have to factor in the ROI of an ASIC miner costing upwards of $1500-2000 for new units.
Adding in solar panels is another big investment.
There are some members here who have done solar panel mining. I'm sure they could provide some numbers on the cost/ benefits/ ROI time.
November 05, 2016, 11:34:20 AM
Has anyone found out how much a single tile is worth? Probably it's a different quote for every roof depending on the measurements but the battery costs $5500 alone. So 20 cents/kwh for a maximum capacity of 14/kwh that works out to $2.8 savings per full battery lol 
I don't know how fast the Tesla solar battery will replenish but if we take 1 full battery per day for 365 days that multiplies to $1022. So you are paying roughly more than 5-10 years upfront for 'free solar energy'. Does it sound like such a good deal now?
I don't know how fast the Tesla solar battery will replenish but if we take 1 full battery per day for 365 days that multiplies to $1022. So you are paying roughly more than 5-10 years upfront for 'free solar energy'. Does it sound like such a good deal now?
November 05, 2016, 11:26:10 AM
I would say that these Solar roofs are good for providing electricity for using simple non power sucking household appliances. Using it on a miner seems very wasteful and will honestly with the investment that you are putting into the Solar roof, you probably wouldn't make a lot on the short term profits that you are trying to make up your losses with.
November 05, 2016, 11:19:52 AM
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so even at zero.. you are still having to think about the.. THOUSANDS of $ to buy the tiles.
as for normal access to electric
one asic
at 20cents/kwh for 6 months electric = $900
at 10cents/kwh for 6 months electric =$450
at 5cents/kwh for 6 months electric = $225
and the $1600 to buy an asic
so paying thousands on solar power vs $225-$900 using normal electric providers is not a saving.
solar panels are only cheaper based on their 10 year lifespan, not on making bitcoin profits in 6months
Good calculation but the major benefit for bitcoin miners from using solar panel may come in the form of complete anonymity. You can set up mining rigs on remote location and you can silently start mining using solar panels and nobody gonna know how much power you are consuming and where you are spending those power.so even at zero.. you are still having to think about the.. THOUSANDS of $ to buy the tiles.
as for normal access to electric
one asic
at 20cents/kwh for 6 months electric = $900
at 10cents/kwh for 6 months electric =$450
at 5cents/kwh for 6 months electric = $225
and the $1600 to buy an asic
so paying thousands on solar power vs $225-$900 using normal electric providers is not a saving.
solar panels are only cheaper based on their 10 year lifespan, not on making bitcoin profits in 6months
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